Thursday 30 June 2016

MUMBAI: Former captain Anil Kumble will be head coach for the next year, the country's cricket board (BCCI) said on Thursday. "After discussions we have taken a final call that for one year Anil Kumble will be the head coach," BCCI President Anurag Thakur told reporters in Dharamsala. Former leg-spinner Kumble, 45, is India's most successful bowler and took 619 wickets in 132 tests and 337 from 271 one-day

CHANDIGARH: In a major relief to all those whose properties were damaged during Jat quota stir in February, Haryana government has decided to provide hundred per cent rebate in property tax for residential, commercial, institutional and other properties. The rebate would be given for a period of one year-- from April 1, 2016 to March 31, 2017. A notification to this effect has been issued by the Urban

MUMBAI: India Index Services & Products (IISL), an NSE group company, today launched a new index to measure the returns generated by market participants lending in the overnight market. Nifty 1D Rate index can be used as a benchmark for funds investing in overnight money market, IISL said in a statement. An overnight market is part of the money market wherein lenders give money to borrowers only for "overnight".

MUMBAI: Hemant Kumar, group general counsel of the Ruia-controlled Essar Group, has recently put in his papers to join finance-toengineering conglomerate Larsen &Toubro as group general counsel. A legal veteran of three decades, Kumar will oversee big-ticket litigation and arbitration and will also advise the group companies on strategic matters, including acquisitions, said a person familiar with the development.

MUMBAI | NEW DELHI: SK Roy has unexpectedly resigned as chairman of state-owned Life Insurance Corporation of India, two years before his term ends, according to people with knowledge of the matter.A senior finance ministry official said Roy had made similar requests in the past. "He wanted to go because of personal reasons," he said. Roy had wanted to quit before this year's Budget as well, the person said. His

Scientists can now detect magnetic behavior at the atomic level with a new electron microscopy technique developed by a team from the Department of Energy's Oak Ridge National Laboratory and Uppsala University, Sweden. The researchers took a counterintuitive approach by taking advantage of optical distortions that they typically try to eliminate."It's a new approach to measure magnetism at the atomic scale,"

As part of a Facebook contest, the KFC Watt a Box packs a 6,100mAH power bank in a Meal Box.A fast food box that charges your phone. That’s all we needed. KFC recently came up with the novel idea of enabling both the visitor and the visitor’s phone to replenish at their stores. Launched in limited-edition meal boxes is a 6,100mAH Lithium-ion battery charger and a USB cable that can be used to charge USB devices

a) An expert committee headed by Anand Desai, set up to examine the Specific Relief Act, 1963 has submitted its report to Union Law and Justice minister Sadananda Gowda. b) The committee stressed on the need for change in the present scheme of act so that specific performance is granted as a general rule and grant of compensation or damages for non-performance remains as an exception.  c) Modifications

a) China's Sunway Taihu Light has been declared the world's fastest supercomputer. It has topped the list of 500 supercomputers around the world, thereby thrusting China to top the list for the seventh consecutive time. It has been developed by the National Research Centre of Parallel Computer Engineering and Technology (NRCPC). b) This supercomputer can make 93 quadrillion calculations per second with its

ISLAMABAD: The World Bank has approved financing worth $1.02 billion using three different financing instruments to support the deepening of Pakistan’s economic reforms and to strengthen the capacity of Sindh province to deal with natural disasters. The Competitiveness and Growth Development Policy Financing (CGDPF) would support the Government of Pakistan’s efforts to encourage economic growth and

NEW DELHI:  The Union Cabinet chaired by Prime Minister Narendra Modi today approved the rehabilitation of four-lane Mahatma Gandhi Setu on Ganga River in Bihar, said an official statement. The rehabilitation of four-lane 5.575 km long Mahatma Gandhi Setu at National Highway No.19 will be done at Patna in Bihar, the statement said. "The bridge will be constructed after dismantling the damaged pre-

To promote people centric planning and execution of new urban development (UD) schemes launched by the government, the Union Minister of Urban Development M.Venkaiah Naidu has approved setting up of District Level Advisory and Monitoring Committees with the elected representatives of the people across the country.  In a first of its kind, these Committees will oversee, review and monitor implementation of urban

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has accorded its approval for an extension of timeline for taking over 50% of the Outstanding Debt of DISCOMs, as existing on 30 September 2015, by States and borrowings by State of Jammu & Kashmir under UDAY (Ujjwal DISCOM Assurance Yojana) - a scheme for operational and financial turnaround of DISCOMs. The time

The Raghubar Das Cabinet has given the go-ahead for two per cent reservation to the Primitive Tribal Groups (also referred to as Particularly Vulnerable Tribal Groups or PTGs) in education and government jobs. This has been done for the first time in a bid to help the PTGs become part of the mainstream. The PTGs have been facing the problem of stagnating or dwindling numbers over the last several years. The

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given approval for a special package for employment generation and promotion of exports in Textile and Apparel sector. The move comes in the backdrop of the package of reforms announced by the Government for generation of one crore jobs in the textile and apparel industry over next 3 years. The package includes a slew of measures

Debris found on an Australian island earlier this month is not from missing Malaysia Airlines Flight 370, investigators said on Wednesday.  The Australian Transport Safety Bureau was notified on June 9 that the debris had been found on Kangaroo Island off the southern Australian coast. The bureau, which is running the search in the southern Indian Ocean on Malaysia's behalf, said it had recovered the part but Boeing, the maker of the missing plane, advised that it

Houston: A team of 13 Indian engineeringstudents, including four girls, will participate in NASA's prestigious global competition to build and design remotely operated vehicles from scratch. The team named 'Screwdrivers' from Mukesh Patel School of Technology Management, Mumbai, will compete against 40 other teams from countries like China, Scotland, Russia, USA, Canada, Ireland, Mexico, Norway,

Goa Shipyard Limited (GSL) launched the first of the two 105m Offshore Patrol Vessels (OPVs) destined for the Sri Lankan Navy. These vessels, the largest India has exported to date, mark the latest in a series of naval sales which, though not heavily publicised, have made India an emerging exporter of patrol vessels. Combined with the emergence of Garden Reach Shipbuilders & Engineers Limited (GRSE) as the L1 or the 

23 June: International Widows’ Day
The International Widow's Day 2016 was celebrated across the world on 23 June 2016. The day was celebrated to raise awareness on the troubles of widowed women. The day throws light on the situation of widows which is sometimes neglected due to absent in statistics, unnoticed by researchers and is mostly

NASA’s Kepler Space Telescope and its extended K2 mission allowed astronomers to discover the youngest fully formed exoplanet, K2-33b. The WM Keck Observatory on Mauna Kea, Hawaii also helped in discovery of this new found planet. Exoplanets are planets that orbit stars beyond our sun. The finding was published online on 20 June 2016 in journal Nature.

Following is the text of the Prime Minister, Shri Narendra Modi’s departure statement prior to his visit to Uzbekistan to attend the SCO Summit: “I will travel to Uzbekistan for a brief visit to attend the SCO Summit and interact with leaders of SCO nations. India is glad to be a member of the SCO and looks forward to fruitful outcomes particularly in the field of economic cooperation through SCO. India attaches great

Europe's growing army of robot workers could be classed as "electronic persons" and their owners liable to paying social security for them if the European Union adopts a draft plan to address the realities of a new industrial revolution. Robots are being deployed in ever-greater numbers in factories and also taking on tasks such as personal care or surgery, raising fears over unemployment, wealth inequality and alienation. Their

India clinch three-match T20 International series against Zimbabwe by a 2-1 margin as it won the third and final match by a narrow margin of three runs. Zimbabwe, after winning the toss choose to ball and  restricted India to 138/6  with wickets at regular intervals finally they got close to the target before ending at 135 losing six wickets. Kedar Jadhav, who scored 58 off 42 balls, was declared Man of the Match while Indian bowler

20 years after the city of ‘Madras’ became ‘Chennai’ and ‘Bombay’ became ‘Mumbai’, the High Courts in both the cities will finally adopt the names by an act of Parliament during the upcoming monsoon session. The Law Ministry has prepared a Cabinet note on a Bill changing the names of the High Courts. If the name of

Syrian President Bashar al-Assad has appointed former Electricity Minister Emad Khamis as the new prime minister of the war-ravaged country. Assad tasked Khamis to form a new cabinet. The announcement comes two months after Assad's Baath party and its allies won the majority of seats in the country's parliament in an election that was considered internationally as a fraud. The 54-year-old engineer will replace Wael al-Halqi

Every year 23 June is being observed as the United Nations Public Service Day by the United Nations (UN). Significance of the Day: The day seeks to mark the invaluable contributions of public servants and administrators to build a better world for all. This for the first time, the day is observed after the 2030 Agenda for Sustainable Development (i.e. Sustainable Development Goals) were adopted by all member

Aveek Sarkar has resigned as Group Editor of "The Telegraph" and "Anandabazar Patrika". Sarkar said the resignation was just part of a succession plan and that he would continue as chairman of the group, according to media reports. Anirban Bhattacharya has been appointed as the new editor of the Anandabazaar Patrika while Rajagopalan has been appointed as the new editor of The Telegraph. The Kolkata-based ABP group

Senior journalist Alka Saxena has joined Amar Ujala as Editor Digital & Convergence. Saxena exited News Express as Managing Editor before taking up her new role at Amar Ujala. Prior to her stint at News Express, she was with the Zee Media Group. She has also worked with Sahara Samay. Saxena has a rich experience of close to 30 years in the field of journalism. Saxena started her career in 1985 as a freelance

Government today approved a Rs 6,000 crore special package for textiles & apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment

New Delhi: The Union government on Wednesday cleared India’s largest auction of telecom  pectrum.Based on the base price, the spectrum is valued at Rs.5.66 trillion. The auction of the seven spectrum bands will also, for the first time, offer the highly efficient but expensive 700 megahertz (MHz) frequency. While the receipts from the auction will boost the Union government’s exchequer, the availability of spectrum will

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of signing of a Memorandum of Understanding (MoU) with Steinbeis GmbH Co. KG for Technologietransfer, Germany on technology resourcing in manufacturing, including sub-sectors of Capital Goods. The MoU was signed on 25th April, 2016 during the Industrial Exhibition Hannover Messe 2016 in Hannover, Germany. Steinbeis

The Cabinet on Wednesday approved the signing of a protocol amending an agreement between India and Belgium for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. The amendment in the protocol will broaden the scope of the existing framework of exchange of tax related information between the two countries, which will help curb tax evasion and tax avoidance, an

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved the development of four laning of Hubli-Hospet Section of NH-63 in Karnataka. The cost is estimated to be Rs.2272.20 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 144 kms.

In a bid to extend funding support for startups, the Union cabinet on Wednesday approved the establishment of Fund of Funds for Startups (FFS) at Small Industries Development Bank of India (Sidbi) for contribution to various alternative investment funds (AIF). “The union cabinet has approved the establishment of Fund of Funds for Startups at Small Industries Development Bank of India for contribution to various alternative

Nagpur city and China’s Jinan city have become sister cities for exchange of ideas and technology. Nagpur Municipal Corporation (NMC) and Jinan, Municipal People’s Republic of China, entered into an agreement on Monday to develop sister city relationship between the two cities. The move is a part of agreement signed between union ministry of external affairs and ministry of foreign affairs, People’s Republic of China, for

The Maharashtra Cabinet has approved a proposal to set up a Counter-Insurgency and Anti-Terrorist school at Nagpur to train police and other security forces in combating left-wing extremism and militancy. It will provide “state-of-the-art” training facilities for jungle and field tactics, ambush, and handling of weapons. The Centre and the state will jointly fund the school. The state government will operate and oversee its

Leading Telugu poet and Telangana song writer Guda Anjaiah died after prolonged illness. He was born in Dandepalli village of Lingapur mandal of Adilabad district in 1955. Chief Minister K Chandrashekar Rao and other political party leaders expressed condolence over his death and recalled his services to the Telangana movement. Chandrashekar Rao expressed deep condolences to the bereaved families of

Clio Sports, an event honoring creative excellence in sports marketing and advertising, announced its gold, silver and bronze shortlist winners for the third annual Clio Sports Awards on Wednesday. Gold winners included FCB Toronto for its work for Bank of Montreal, which won in the design category for its 10-foot-tall ATM designed to celebrate NBA All-Stars. Grey New York won in the film category for its NFL Super

Abu Dhabi, UAE: Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London. Etihad Airways’ treasury team collected the highest honour, winning the Top Treasury Team Award for overall excellence. The team also picked up the awards for Best Financing Solution and Best Cash Management Solution.

Cleveland Cavaliers win NBA Championship by beating Golden State Warriors 93-89 in the Game 7. They are the first team in history to win after trailing 3-1 in the final series. The loss completes a devastating turnaround for the Warriors, led by league MVP Stephen Curry, who had a record 73-9 record in the regular season. James put up unbelievable numbers all series, averaging 11.2 rebounds, 8.9 assists and 30

Google has used the UK version of its popular search engine to honour MP Jo Cox on what would have been her 42nd birthday. Cox died in her home constituency of West Yorkshire last week after being shot and stabbed by a man heard shouting "Britain first." Google honoured the MP by writing "In remembrance of Jo Cox MP" on Anyone that clicks on the link will be taken

Following hot on the heels of its regional awards announcements a few weeks ago, the RIBA has just revealed its country-wide top pics for 2016 – the buildings that won a coveted RIBA National Award this year. In a rigorous search for the best buildings in the country, the RIBA consulted with local and national experts and architects across the UK in order to put together the ultimate list of 46 winners for this year. This

New Delhi: Three Indian women made it to the list of finalists after taking part in the 2016 ‘Women in Open Source' competition, organised by Red hat. The finalists in the academic category include three women from India who are full-time students pursuing computer science and engineering degrees. Now in its second year, the ‘Women in Open Source Award’ was created to honor women who make important contributions to

Japanese conglomerate SoftBank on 22 June 2016 named Ken Miyauchi, head of the group's Japanese telecommunications operations, as President and Chief Operating Officer (COO). The appointment came after Nikesh Arora had abruptly resigned from his position after it became clear that Chairman and CEO Masayoshi wanted to remain at the helm longer than first planned. 

Prime Minister Narendra Modi on Wednesday constituted a high-level committee comprising officers of both the Punjab and the Central Governments to resolve the issues pertaining to procurement of grains especially the Cash Credit Limit (CCL). The committee was set up after the Chief Minister Parkash Singh Badal sought Modi’s personal intervention for early resolution of these issues. Badal, who met Modi at his official

The Prime Minister, Shri Narendra Modi, today chaired a meeting of the National Committee for Celebration of the 125th Birth Anniversary of Dr. B.R. Ambedkar. Members gave their suggestions on how the celebration should be organized throughout the year. The Prime Minister thanked the members for their suggestions. He said efforts should be made to raise even greater global awareness about Babasaheb

NEW DELHI: In a last-ditch attempt to fetch MC Mary Kom a Rio Olympics berth, the Indian Olympic Association and the ad-hoc committee administering boxing in the country have officially sent a request for a wildcard entry to the celebrated boxer, who could not make the cut via qualifiers. "Mary Kom had sought our assistance in the matter and we have written to the International Boxing Association (AIBA) to request

First time ever International Women's Film Forum instituted a National Award after the name of great freedom fighter, poet and a lady who initiated Asian Unity - Dr. Sarojni Naidu, at Noida Film City in a grand function, originated by ICMEI- International Chamber of Media and Entertainment Industry. A committee of 52 working women from different strata of life from

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